Uptick in weekly inflation

ISLAMABAD: Inflation for the combined income group went slightly up 0.23 per cent for the week ended on May 3 as compared to the previous week, mainly due to increase in prices of non-perishable products.

The weekly inflation, measured through the Sensitive Price Ondex (SPI), went up after deceleration in the last week, according to data issued by Pakistan Bureau of Statistics on Friday.

SPI monitors prices of 53 items based on a survey of 17 cities and 53 markets.

Prices of 18 items increased and those of 08 items decreased during the period under review. Prices of 27 items remained unchanged.

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